Bitcoin Stuck Near $64k as Fed Uncertainty and Iran Tensions Persist
Bitcoin held steady near $64,000 levels on Friday, as uncertainty over the U.S. Federal Reserve's interest rate path and lingering geopolitical tensions in the Middle East kept investors cautious.
The world's largest cryptocurrency last traded 0.5% higher at $64,352.0 by 02:01 ET (06:01 GMT), set for a nearly 10% monthly rise in July after tumbling more than 20% in the previous month.
Traders weighed the Fed's decision to leave interest rates unchanged earlier this week, with investors left with few clues on the timing of future moves.